Algorand (ALGO) Ecosystem Sees User Growth Amid DeFi Decline in October 2025

**Algorand (ALGO) October 2025 Ecosystem Insights: A Month of Mixed Outcomes**

October 2025 proved to be a dynamic month for the Algorand ecosystem. According to the Algorand Foundation, the network experienced increased user engagement and developer activity, despite facing a noticeable decline in decentralized finance (DeFi) metrics. Overall, Algorand demonstrated resilience and steady growth amid broader market challenges.

### Key Metrics and Growth

In October, Algorand saw a significant 20.3% rise in monthly active addresses, reaching a total of 909,000. This surge was primarily fueled by new ecosystem initiatives like Algoland and participation from various decentralized applications (dApps).

The number of new assets created on the Algorand network jumped by 54.3%, while smart contract deployments increased by 8.3%, signaling strong developer engagement. The network also expanded with a 1.5% rise in wallets, totaling 47.8 million, accompanied by nearly a 2% increase in transactions, which surpassed 3.3 billion for the month.

Node count remained stable with a slight increase of 0.7%, further reinforcing Algorand’s commitment to decentralization and overall network health.

### DeFi and Social Metrics

Despite these positive developments, Algorand’s total value locked (TVL) in DeFi declined by 16.3% to approximately $140 million. This decrease reflects ongoing challenges in the broader DeFi market.

On the social front, engagement steadily grew, with follower counts on platforms such as X, YouTube, and Instagram showing modest increases.

### Tokenomics and Staking

By the end of October, the circulating supply of Algorand’s native token, ALGO, reached 8.79 billion — representing 87.9% of the total maximum supply. This marked a slight 0.11% increase compared to the previous month.

During the first ten months of 2025, validators earned a total of 56.20 million ALGO in staking rewards, underscoring the network’s continuous reward distribution and fee-driven activity.

### Foundation Activities and Governance

Algorand Foundation’s CEO, Staci Warden, engaged in several key industry events, including the Federal Reserve’s conference on payment innovation and the Digital Asset Summit in London.

Meanwhile, the xGov Platform (beta) launched on the mainnet, with ongoing efforts focused on boosting voter turnout for proposal funding — a critical aspect of Algorand’s governance model.

For more detailed insights, visit the [Algorand Foundation](https://algorand.foundation).

### Future Outlook

Looking ahead, Algorand is preparing for a busy November, participating in major events such as the Blockchain Futurist Conference in Miami and DevConnect in Buenos Aires.

The network remains dedicated to fostering growth and driving innovation across its expanding ecosystem.

Stay tuned for more updates as Algorand continues to build the future of decentralized technology.
https://bitcoinethereumnews.com/tech/algorand-algo-ecosystem-sees-user-growth-amid-defi-decline-in-october-2025/

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